KYC & CDD

HKMA Updates Remote Onboarding Guidance Over AI Risks

04/09/2026

The HKMA has issued updated guidance for remote customer on-boarding, requiring firms to combat rising AI-driven fraud risks through continuous system updates.

Two Korean VASPs Found in Breach of Mandatory Insurance Rule

04/09/2026

Regulators have found two crypto-to-crypto exchanges violating the law by operating without mandatory liability insurance.

Alternative Markets

Australia's NSX to Challenge ASX with Lighter-Touch Regime, Global Focus

04/09/2026

NSX is planning to establish a niche for mid-cap companies and less costly regulatory framework while targeting international firms and capital.

Trading & Investment

SFC Enhances Guidance for Funds with Private Market Exposure

03/09/2026

New guidance introduces enhanced disclosure requirements and a ‘complex product’ designation for retail funds with significant exposure to private credit and equity.

Structural Regulation

Australian Government Rejects Calls for Major Overhaul of ASIC

03/09/2026

The government has backed ASIC’s current structure and powers, rejecting proposals for a split, but has noted a review into whistleblower incentives is underway.

Tokenisation

RBA Seeks Input on Tokenised Asset Settlement, Rules Out Retail CBDC for Now

03/09/2026

The RBA has launched a consultation on supporting a tokenised ecosystem while reaffirming no current case exists for a retail CBDC.

Custody & Infrastructure

New Zealand FMA Finds Weaknesses in Client Asset Protection

03/09/2026

FMA review identified weaknesses in how financial advice and investment management providers oversee client assets, particularly when custody is outsourced.

Cryptocurrency

ASIC Issues Final Call for Digital Asset Licensing

03/09/2026

ASIC has set a 30 September 2026 deadline for digital asset firms to secure operating licences, marking the end of its transitional relief period.

Conduct, Culture & Accountability

Japan Finalises New Sales Conduct Rules for Insurance Agents

02/09/2026

The rules, applying from March 2028, will require tied agents selling small-amount, short-term insurance to provide comparative product information and justify recommendations.